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ECONOMICS

Economic activities are those activities of people that determine how services like transport, storage, marketing, banking and insurance will be provided

GREEN REVOLUTION

Green revolution refer to phenomenon of rapid surge in the production of food grains mid-sixties. It was achieved due to adoption on the new agriculture strategy that is dependant on High Yielding variety (HYV) seeds. The rise inside productivity and production ended up being to spectacular that William Gadd of USA with it, for very(…)

Rashtriya Krishi Vikas Yojana (RKVY) 2012

The NDC in the 53rd meeting also made a decision to launch a programme to incentivize the States to increase the share to investment in agriculture in the usa to raise the share to investment in agriculture in their State plans. Accordingly, on August 16, 2007, the us government approved the Rashtriya Krishi Vikas Yojana(…)

MAJOR FOOD CROPS in INDIA

Yesterday we had explained you about the Agricultural Land Use Pattern In India, so now we will talk about the Major food crops and their distribution in India. Rice: It’s grown over around 29 percent (43,70 million hectare) on the cropped area. India stands next and then China in the manufacture of rice contributing 22.3%(…)

Agricultural Land Use Pattern In India

Only 10 % of total land area worldwide is arable. Almost half the arable land around the world (1512) million hectares totally in 2000 was in four countries, namely the USSR (227.5 million ha), USA (187.8 m ha), India (164.9 m ha), and China (97.5 m ha). India has more arable land than more populous(…)

Indian Currency System

Indian monetary system is managed by Reserve Bank of India. It is based on inconvertible paper currency. The internal purposes are met by currency notes and coins. For external purposes it can be converted into foreign currencies. Main Features of India’s Currency System The main features of Indian currency system can be divided into two(…)

Commercial Banking in INDIA

At the time of Independence, India banking system was not sound. There were hundreds of private banks under unscrupulous management. Hence, in 1949 two major actions were taken very important from the point of view of structural reforms in the banking sector. The Banking Regulation Act was passed. It gave extensive regulatory powers to RBI(…)

Organized Sector of the Indian Money market

The organized sector of the Indian money market comprises the RBI, Commercial banks, foreign banks, cooperative banks, finance corporations, mutual funds plus the Discount and Finance House of India Limited (DFHI). Broadly the main constituents on the organized sector on the Indian money market are:    The decision Money Market: The decision money market exists in(…)

National Income 2012

National Income is defined as the value of all final goods and services produced by the residents of a country, whether operating within the domestic territory of the country, or outside, in a year. National income is thus, a momentary expression of the current achievements of the people of a country expressed through their production(…)

India Vision 2020

The Planning Commission released a document, in January, 2003 titled “India Vision 2020” served by Dr. S.P. Gupta, then person in the Planning Commission. The document examines many important issue however the ones that be noticed most powerfully are employment and education. Predominantly, the document refers back to the average performance of the list of(…)

Economic Systems and Planning Commission

Economic Systems :- The nature and scope of planning is largely determined by the nature of the economic system in which it is practices. Economics can be classified into the following categories : Socialist Economy: It is characterized by the existence of public enterprise or state ownership of capital in all the important spheres of(…)